Circle Launches Arc Mainnet With BlackRock, DTCC and Visa as Validators

Read original at Decrypt·

Circle Launches Arc Mainnet With BlackRock, DTCC and Visa as Validators

60-second summary

Circle launches the Arc mainnet, appointing BlackRock, DTCC and Visa as permissioned validators while minting 10 billion ARC tokens without a public release schedule; the network’s restricted validator set aims to ensure institutional compliance and security, and the sizable token supply signals potential liquidity pressure, prompting investors to watch how Arc’s adoption could affect broader crypto market dynamics.

The Layer 1 network’s validator set is permissioned, and Circle has minted 10 billion ARC tokens without committing to publicly launch them.